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industry estimates put the total amount of damage from superstorm sandy at $50 billion. insurance companies are expected to pick up between $10-$20 billion of that. that puts superstorm sandy at the top of the list ahead of hurricanes ike, ivan, and irene. monday we will look at why rebuilding from sandy is so expensive thanks to where she came ashore. ruben ramirez, seaside heights, new jersey. back here on wall street, tom, some interesting revolutions from netflix today saying it got a wells notice and being investigated by the securities and exchange commission. behind it is a very interesting debate going on. the reason for the investigation is that the ceo reid hastings had posted some information on his facebook page about developments at the company and the fec said you didn't disclose this property, should have been a press release or filing with the sec and raises new questions about social media and fair disclosure. >> tom: this is all about how technology is changing and regulations have a hard time susie keeping up with it. we see it with high frequency trad
industry estimates put the total amount of damage from superstorm sandy at $50 billion. insurance companies are expected to pick up between $10-$20 billion of that. that puts superstorm sandy at the top of the list ahead of hurricanes ike, ivan, and irene. monday we will look at why rebuilding from sandy is so expensive thanks to where she came ashore. ruben ramirez, seaside heights, new jersey. back here on wall street, tom, some interesting revolutions from netflix today saying it got a wells...
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finding space for the thousands of volunteers who stepped up in the aftermath of superstorm sandy has proven to be a tall order. that's where this ship comes in, the ss wright. it is now home away from home for a couple hundred volunteers from the american red cross and fema core. they are staying together and eating together and playing games and watching sports together, yet it is in patriotic living quarters. and they are manning the 27 disaster recovery centers set up in the tri-state area. many are young and even just right out of high school. it is an interesting dynamic as many of the red cross volunteers are older. retired health care workers. it can be trying. being around storm victims and devastation at times is emotionally exhausting. >> the hardest part for me that i am not able to give them immediate assistance. you have to sign up at first. you have to wait. you have to go through the process. you have to get evaluated and awful that stuff. it is different from the red cross where if you need a lunch they give uh lunch. >> and the living quarters are less than luxurious
finding space for the thousands of volunteers who stepped up in the aftermath of superstorm sandy has proven to be a tall order. that's where this ship comes in, the ss wright. it is now home away from home for a couple hundred volunteers from the american red cross and fema core. they are staying together and eating together and playing games and watching sports together, yet it is in patriotic living quarters. and they are manning the 27 disaster recovery centers set up in the tri-state area....
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superstorm sandy is estimated to be the most costly natural disaster in the united states since hurricane katrina. >> the recent rains we've had here have produced some good news for the ma rist canyon county water supplies. they're showing the highest levels ever recorded for this time of year. the down side is mud slides if the ground doesn't get a chance to dry out by any measures this weekend will be a far cry from last weekend. our meteorologist mark is here with the sgluz last week, we had storm no. 2 two approaching the bay area and then we were advertising the third strong one. no storms this week and as you can see, mostly clear sky there with the exception of a batch of high clouds moving toward the central portion of the bay. as far as temperatures they are cooling off. most areas are in the 50s. santa rosa 56, oakland, 56 with winds not too much of a factor. if you're looking toward the bay waters earlier today, i noticed the calm conditions. satellite, no rain drops expected. in fact the storm track heading to the north of the bay area so we can guarantee you a dry weather pa
superstorm sandy is estimated to be the most costly natural disaster in the united states since hurricane katrina. >> the recent rains we've had here have produced some good news for the ma rist canyon county water supplies. they're showing the highest levels ever recorded for this time of year. the down side is mud slides if the ground doesn't get a chance to dry out by any measures this weekend will be a far cry from last weekend. our meteorologist mark is here with the sgluz last week,...
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i don't think you would have seen quite that drop in numbers if superstorm sandy hadn't happen. i think we actually would have seen unemployment rate closer to 7.9%. >> what about the new report that shows home prices jumping the fastest in seven years. what does it tell you about long-term health of the housing market. >> we've been hearing economists trumping returning housing market is the bright spot. this is a report from core logic showing home prices up -- have done the biggest year over year jump in six years. we're seeing the biggest jumps in nevada, california, arizona. actually oil states like the dakotas. overall about 45 out of 50 states have shown increases in home prices. i think this is really good news. i think americans should also remember that real estate and recovering real estate is very local. so we're seeing most of the growth in large cities. >> what about this gift from random house to all of its employees. pretty nice. >> yes, call it 50 shades of green, if you will. random house, which is the publisher of "50 shades of grey," the lascivious adult nove
i don't think you would have seen quite that drop in numbers if superstorm sandy hadn't happen. i think we actually would have seen unemployment rate closer to 7.9%. >> what about the new report that shows home prices jumping the fastest in seven years. what does it tell you about long-term health of the housing market. >> we've been hearing economists trumping returning housing market is the bright spot. this is a report from core logic showing home prices up -- have done the...
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. >>> president obama asking congress for billions in relief after superstorm sandy. but is it enough to coverage all the damage? we'll tell you how much he's asking for ahead. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. this season, discover aleve. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ish
. >>> president obama asking congress for billions in relief after superstorm sandy. but is it enough to coverage all the damage? we'll tell you how much he's asking for ahead. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. this season, discover aleve. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table...
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. >>> president obama asking congress for billions in relief after superstorm sandy. but is it enough to coverage all the damage? we'll tell you how much he's asking for ahead. we're at walmart talking about the low price guarantee with brandy who is stocking up for the holidays. look at that price. that's great! if you find a lower advertised price, walmart will match it at the register. really? yeah. there you have it. oh my goodness! that's the walmart low price guarantee. see for yourself. bring in your last receipt and see how much you can save. be ready. with the season's tastiest brands. like farm rich mozzarella bites. bite-sized and loaded with mozzarella cheese. walmart has everything you need to be ready for holiday hosting. with our low price guarantee backed by ad match. walmart. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fas
. >>> president obama asking congress for billions in relief after superstorm sandy. but is it enough to coverage all the damage? we'll tell you how much he's asking for ahead. we're at walmart talking about the low price guarantee with brandy who is stocking up for the holidays. look at that price. that's great! if you find a lower advertised price, walmart will match it at the register. really? yeah. there you have it. oh my goodness! that's the walmart low price guarantee. see for...
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sandy in october the request has to get approval from the republicans and democrats the president's team has also proposed to make the package immune to any spending cuts due to his urgent and one time nature. most believe the recovery funds comes as he negotiates with the republicans to avoid the so-called fiscal cliff it's a set of spending rises and tax cuts that are set to take effect on the first of january and could be ruinous to the economy but does the average american feel the new mean do new york resident try to find out. america is about to go over the fiscal cliff are you worried what should we do about it this week let's talk about that do you know the fiscal cliff vote no do you think a lot of americans do so then why is the media talking about it incessantly we're also going to i guess i have not as informed as i should be but i just kind of figure it might work out do you think most people feel that way you know even most the word i think they are and i think that if i ignored it all go away do you think calling it something like the fiscal cliff minimizes it yes or
sandy in october the request has to get approval from the republicans and democrats the president's team has also proposed to make the package immune to any spending cuts due to his urgent and one time nature. most believe the recovery funds comes as he negotiates with the republicans to avoid the so-called fiscal cliff it's a set of spending rises and tax cuts that are set to take effect on the first of january and could be ruinous to the economy but does the average american feel the new mean...
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. >> president obama is asking congress for more than $60 billion for states affected by superstorm sandy. officials from states hardest hit say the money is just a start. with the fiscal cliff looming the staff is sure to face some resistance on capitol hill. >>> he spoke at this year's democratic national convention as an independent, but now former republican florida governor charlie crist is a proud democrat. crist posted a twitter photo friday showing his registration papers tweeting that he's proud and honored to join the party in the home of president obama. crist ran for the u.s. senate as an independent in 2010, but was defeated by marco rubio. some are speculating this move is in preparation for another run for governor against rick scott in 2014. >>> the supreme court has decided to take up two major same-sex marriage cases. the first is the defense of marriage act. the 1996 law denies federal benefits to legally married same-sex couples. right now around 120,000 legally married same-sex couples in the u.s. the second is california's proposition 8. that made same-sex marriage i
. >> president obama is asking congress for more than $60 billion for states affected by superstorm sandy. officials from states hardest hit say the money is just a start. with the fiscal cliff looming the staff is sure to face some resistance on capitol hill. >>> he spoke at this year's democratic national convention as an independent, but now former republican florida governor charlie crist is a proud democrat. crist posted a twitter photo friday showing his registration papers...
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sandy not taking the toll perhaps people works back during and the unemployment rate ticked down to seven point seven percent the lowest rate reportedly since two thousand and eight but it was driven by a drop in labor force participation we've heard about one before it comes up time and time again so no maybe not as exciting as this report seems on the surface in fact and what does this mean for other areas of the economy like housing earlier i asked very bibi's vice president of residential finance corporation he's a mortgage expert i asked first for his reaction to these jobs numbers. the numbers are really disappointed in my opinion because when you as you said earlier first of seven point seven rate of unemployment three hundred fifty thousand people leave the workforce how easy is that to do when if you don't look for a job in four weeks you're considered not seeking a job so you're really statistically it looks like it's a better number at seven point seven percent but these should toggle back car above eight percent remember we had hurricane sandy and that may have caused pe
sandy not taking the toll perhaps people works back during and the unemployment rate ticked down to seven point seven percent the lowest rate reportedly since two thousand and eight but it was driven by a drop in labor force participation we've heard about one before it comes up time and time again so no maybe not as exciting as this report seems on the surface in fact and what does this mean for other areas of the economy like housing earlier i asked very bibi's vice president of residential...
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. >>> hiring picked up last month despite the wrath of superstorm sandy. let's dig inside these numbers. can you see that 40% of the unploimd employed have within out of work for six months or longer, something we need to fix and something else we need to fix, the underemployment rate, 14.4%. those are people who are out of work or working part time and would like to be working full time. again, another number we have to fix. i want to show you where the jobs, are pretty important to look at. 53 retail jobs added, likely holiday hiring, no question, but some of these will be temporary jobs and not all of them are paying benefits or full-time. looking further, can you see professional and business services, 43,000 jobs created there. the government pointing out computer system analyst and related industries very, very strong job growth there. another reason why stem pays. this is the trend because we always look at these numbers in, you know, context for where we've been. the recession, millions of jobs lost and here is what we've been doing month after mon
. >>> hiring picked up last month despite the wrath of superstorm sandy. let's dig inside these numbers. can you see that 40% of the unploimd employed have within out of work for six months or longer, something we need to fix and something else we need to fix, the underemployment rate, 14.4%. those are people who are out of work or working part time and would like to be working full time. again, another number we have to fix. i want to show you where the jobs, are pretty important to...
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sandy. in new york city, a jury deliberated more than a week in the trial of a bus driver accused of being so tired, he caused a crash that killed 15 of his passengers. today came the verdict: not guilty. and michelle miller tells us the driver is a free man tonight. .> how do you find the >> hndant, guilty or not guilty? >> not guilty. t reporter: the bus driver wept veen he heard the verdict. ears ill williams could have faced 15 years in prison. hisas driving 32 people from a connecticut casino to new york's chinatown when his bus hit a guardrail, toppled, and was torn open by a signpost. williams claimed he'd been cut off by a tractor-trailer. investigators found no evidence of that. but they discovered williams averaged three hours of sleep in the days before the crash. they cited driver fatigue as the probable cause. florence wong's father don lee was killed in the crash. >> he had 15 lives that was under under his control and they're not here. he has to live with that with conscinscie
sandy. in new york city, a jury deliberated more than a week in the trial of a bus driver accused of being so tired, he caused a crash that killed 15 of his passengers. today came the verdict: not guilty. and michelle miller tells us the driver is a free man tonight. .> how do you find the >> hndant, guilty or not guilty? >> not guilty. t reporter: the bus driver wept veen he heard the verdict. ears ill williams could have faced 15 years in prison. hisas driving 32 people from a...
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and landmarks, and many president obama is asking congress for money on behalf superstorm sandy. the white house says the york governor andrew cuomo and new jersey governor money will help their states recover, repair, and rebuild. be used to protect the region from future storms. >> this patient, at six year-old, bonds to collect toys and donated them to children's hospital. he is fighting brain cancer . >> we have been so... blast. blessed. >> the dickens christmas fare is so much fun we will tell you all about it. so, on back and we will celebrate. ... >> earlier despite having cancer, a bakersfield boy is doing something wonderful. he turns 13 next week, and his birthday wish? enough toys to give to all the other children in his hospital. this is nathan garcia. he's battling stage four brain cancer. because of that, he's had to put his dream of on hold. but it's not stopping dreams. and his parents are helping him with those. have much time left. his family plans to to the san francisco children's hospital where he's being treated.. ..and toys will also go house. local ronald
and landmarks, and many president obama is asking congress for money on behalf superstorm sandy. the white house says the york governor andrew cuomo and new jersey governor money will help their states recover, repair, and rebuild. be used to protect the region from future storms. >> this patient, at six year-old, bonds to collect toys and donated them to children's hospital. he is fighting brain cancer . >> we have been so... blast. blessed. >> the dickens christmas fare is...
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. >> president obama is asking for $60 billions for recovery effort for superstorm sandy. the president made the request today. in a statement the governors said the money would help them rebuild and help protect them from future storms. >>> highway 1 is going to be closed for another week. it was closed on wednesday after a section was damaged during the storms. the road will remain closed while crews work on long term repairs. they hope to have it reopened next friday. detours are in place. >>> you are umbrellas get a break this weekend. no rainfall over the next few days. looks good for saturday and sunday. right now the maps, few high clouds moving into the bay area. also cold temperatures. look that current numbers. san jose right now 50 degrees. look at these upper 30s to lower 40s in the north bay and inland valleys. natcha 39 -- napa 39. and with temperatures matching the dew points, reports of fog. visibility half mile last check. could be going down in the next few hours. headlines for tonight, fair skies. chilly out there. this weekend, dry and temperatures mild
. >> president obama is asking for $60 billions for recovery effort for superstorm sandy. the president made the request today. in a statement the governors said the money would help them rebuild and help protect them from future storms. >>> highway 1 is going to be closed for another week. it was closed on wednesday after a section was damaged during the storms. the road will remain closed while crews work on long term repairs. they hope to have it reopened next friday. detours...
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. >> president obama is asking for $60 billions for recovery effort for superstorm sandy. the president made the request today. in a statement the governors said the money would help them rebuild and help protect them from future storms. >>> highway 1 is going to be closed for another week. it was closed on wednesday after a section was damaged during the storms. the road will remain closed while crews work on long term repairs. they hope to have it reopened next friday. detours are in place. >>> you are umbrellas get a break this weekend. no rainfall over the next few days. looks good for saturday and sunday. right now the maps, few high clouds moving into the bay area. also cold temperatures. look that current numbers. san jose right now 50 degrees. look at these upper 30s to lower 40s in the north bay and inland valleys. natcha 39 -- napa 39. and with temperatures matching the dew points, reports of fog. visibility half mile last check. could be going down in the next few hours. headlines for tonight, fair skies. chilly out there. this weekend, dry and temperatures mild
. >> president obama is asking for $60 billions for recovery effort for superstorm sandy. the president made the request today. in a statement the governors said the money would help them rebuild and help protect them from future storms. >>> highway 1 is going to be closed for another week. it was closed on wednesday after a section was damaged during the storms. the road will remain closed while crews work on long term repairs. they hope to have it reopened next friday. detours...
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sandy. a white house official says, the president has requested 60- point- four billion dollars. in a joint statement on the matter, governor andrew cuomo of new york and new jersey governor chris christie say, this money will help their states recover, repair, and rebuild. they also say, their request includes funding to invest in efforts to protect the region from impact of storms like sandy. both governors recently went to washington to lobby lawmakers for federal funds. >> a new jobs report shows. a big drop in the nations unemployment. last month, 146- thousand jobs were added in the u-s. right now, the unemployment rate is 7-point-7 percent. that number does not include people who have stopped looking for work. still - it is the lowest percentage in 4-years. kron 4's justine waldman has a closer look at employment growth here in the bay area. and shows us where the jobs are here >> according to the california employment development department. there are jobs in the bay area. you just n
sandy. a white house official says, the president has requested 60- point- four billion dollars. in a joint statement on the matter, governor andrew cuomo of new york and new jersey governor chris christie say, this money will help their states recover, repair, and rebuild. they also say, their request includes funding to invest in efforts to protect the region from impact of storms like sandy. both governors recently went to washington to lobby lawmakers for federal funds. >> a new jobs...
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. >>> president obama is asking congress for more than $60 million for superstorm sandy relief efforts. that amount falls short of the total damage estimates reported in the affected states. >>> and arizona lottery officials say the second winner from last month's record powerball drawing is now claiming the prize but does not want to be identified. they only say he is in his 30s, lives outside phoenix and walks away with nearly $193 million before taxes. >>> coming up, how can you smell like pizza without going through all the trouble of eating it? the "ridiculist" is next. >>> time for the "ridiculist." tonight a brand new product. it's a dream come true. it's a dream come true if you are canadian and dream about walking around and smelling like a pizza hut. yes, pizza hut canada have come up with a limited edition run of pizza hut perfume. mm. the bad news is they only made 110 bottles and gave them away to facebook fans. so you can't just run out and buy it. oh, pizza hut, canada, why must you tease us so. they aren't ruling out a larger run on pizza hut perfume in the future, but
. >>> president obama is asking congress for more than $60 million for superstorm sandy relief efforts. that amount falls short of the total damage estimates reported in the affected states. >>> and arizona lottery officials say the second winner from last month's record powerball drawing is now claiming the prize but does not want to be identified. they only say he is in his 30s, lives outside phoenix and walks away with nearly $193 million before taxes. >>> coming...
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sandy recovery efforts. thatie request falls short of total damage estimates. they say they'll need closer to $82 billion to repair their states. >>> it's been more than 15 years since he was mysteriously gunned down, but the los angeles coroner's office has finally released the autopsy report on rapper christopher wallace, also known as the notorious big or biggy smalls. the 23-page report shows wallace suffered four gunshot wounds, one of which was fatal. to date, no arrests made in that case. it remains unsolved. >>> secret service agents at risk all because one man lost some sensitive computer information. the shocking mistake was kept largely secret until now. cnn's brian todd has the details. >> reporter: law enforcement and congressional sources tell cnn the u.s. secret service is being investigated for a potentially damaging loss of information. the data was on two back-up computer tapes which contain very sensitive personnel and investigative information, according to our sources. >> you lost the dr
sandy recovery efforts. thatie request falls short of total damage estimates. they say they'll need closer to $82 billion to repair their states. >>> it's been more than 15 years since he was mysteriously gunned down, but the los angeles coroner's office has finally released the autopsy report on rapper christopher wallace, also known as the notorious big or biggy smalls. the 23-page report shows wallace suffered four gunshot wounds, one of which was fatal. to date, no arrests made in...
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sandy. while lawmakers in new york and new jersey call it a good start. they add, it won't cover everything. peter doocy live with details. >> kelly, new york governor. rather new jersey governor chris christie and andrew cuomo initially asked washington for about 79 billion dollars to rebuild their states and they are now thanking the president for his 60.4 billion dollars commitment and the white house wrote a letter to congress yesterday that says these are funds necessary to finance a needed recovery effort and to help the the region prepare for future challenges, including future severe storms and coastal flooding, swells impacts associated with a changing climate. but, amid the debt debate in d.c., there are questions how easy it will be to get congress to write such a big check and speaker boehner's spokesman says we will review it and al rogers says it's up to congress to help those hurt by sandy, but also our responsibility during these tight budget times to make sure that the victi
sandy. while lawmakers in new york and new jersey call it a good start. they add, it won't cover everything. peter doocy live with details. >> kelly, new york governor. rather new jersey governor chris christie and andrew cuomo initially asked washington for about 79 billion dollars to rebuild their states and they are now thanking the president for his 60.4 billion dollars commitment and the white house wrote a letter to congress yesterday that says these are funds necessary to finance a...
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president obama asked congress for $60 billion for states affected by superstorm sandy. the request comes at a time when lawmakers are arguing how every dollar is spent. >>> our fourth story "outfront," an historic announcement. the supreme court decided today it will hear two constitutional challenges to same-sex marriage laws. if the court were to follow public opinion, the decision could come down in favor of gay and lesbian couples. recent polling shows 53% of americans think same-sex marriage should be legal. 46% say illegal. and on election day, voters in three states approved same-sex marriage. "outfront," mckay coppins, tim carney and maria cardona, cnn contributor and democratic strategist. this is kind of big news in all of this. tim, you saw the polls. now the supreme court will get involved in this. should this signal something to the republican party? should they say it's reached this level, we need to rethink our position on this? >> polls are one thing. there's also the fact most states don't have gay marriage yet and most of those that do, it was not put
president obama asked congress for $60 billion for states affected by superstorm sandy. the request comes at a time when lawmakers are arguing how every dollar is spent. >>> our fourth story "outfront," an historic announcement. the supreme court decided today it will hear two constitutional challenges to same-sex marriage laws. if the court were to follow public opinion, the decision could come down in favor of gay and lesbian couples. recent polling shows 53% of americans...
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sandy. it may not pass in congress until next year because of the fiscal cliff situation. >>> and some electronic device bans could be lifted. in a letter to the faa, the agency called for greater use of portable devices on planes. i thought they affected navigation systems. but maybe that's not true. >>> and finally, a fish tale with a picture to prove it. a fisherman caught what is believed to be the biggest yellow fin tuna ever. landed on rod and reel, that is. 459 pounds. he fought the fish for two hours. the previous record, dan harris was reminded me, was 427 pounds this year. >> i take this very seriously, ron. >> a walking encyclopedia. >> he likes his sushi. >>> time for the weather and ginger zee. >> good morning, everybody. i want to start in the pacific northwest, where they've been waiting for snow at the ski resorts. and snowboarders happy, too. snoqualmie pass, they got it. they got well over six inches in a lot of spot. that same storm that drops that snow is moving through t
sandy. it may not pass in congress until next year because of the fiscal cliff situation. >>> and some electronic device bans could be lifted. in a letter to the faa, the agency called for greater use of portable devices on planes. i thought they affected navigation systems. but maybe that's not true. >>> and finally, a fish tale with a picture to prove it. a fisherman caught what is believed to be the biggest yellow fin tuna ever. landed on rod and reel, that is. 459 pounds....
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sandy. who knows how high we could have been if it weren't for that darn hurricane? yet the market barely blinked. yet the potential layoffs if we go over the cliff make these rearview numbers seem almost irrelevant to the market. hence the mixed performance of the averages today. sure, dow gained 81 points, but the s&p barely budged, edging up 29%. and the nasdaq actually declined .38%, led once again by the slip sliding away apple, which you know i like, but how many times during a particular show can i say i like it? so with that in mind, what's the game plan for next week? first off, perhaps the most important day of the week is monday. but not for any earnings. not for any releases. that's when we process the results of the weekend talk shows, which you now have to watch as if we were instead of watching, you know, college gameday, i'm watching like some of those other news stations -- and then of course sunday morning whoever -- you don't even pay attention -- football means nothing no
sandy. who knows how high we could have been if it weren't for that darn hurricane? yet the market barely blinked. yet the potential layoffs if we go over the cliff make these rearview numbers seem almost irrelevant to the market. hence the mixed performance of the averages today. sure, dow gained 81 points, but the s&p barely budged, edging up 29%. and the nasdaq actually declined .38%, led once again by the slip sliding away apple, which you know i like, but how many times during a...
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president obama asking congress for $60 billion for recover efforts following superstorm sandy. hard hit states asked for more than $80 billion. the october storm devastated much of the northeast. federal aid would go to victims and rebuilding projects. it's unclear if congress already in negotiations over how to balance the budget, will approve funding before breaking for the year. >>> secretary of state hillary y clinton has agreed to testify before the senate foreign relations committee about the benghazi attacks. september 11th all the on the u.s. consulate in libya left ambassador chris stephens and three others dead. clinton will testify before the 130th congress sometime in january. she's also agreed to testify before the house foreign affairs committee. i'm li elizabeth pren in new yo. for all the headlines, log onto foxnews.com. >>> a warning that some of our nation's biggest companies may be hoodwinking you, the taxpayers. major companies like gm taking advantage of all kinds of incentives and tax breaks from local and state governments, but are the communities, meanin
president obama asking congress for $60 billion for recover efforts following superstorm sandy. hard hit states asked for more than $80 billion. the october storm devastated much of the northeast. federal aid would go to victims and rebuilding projects. it's unclear if congress already in negotiations over how to balance the budget, will approve funding before breaking for the year. >>> secretary of state hillary y clinton has agreed to testify before the senate foreign relations...
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Dec 8, 2012
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economists expected about 77,000 new jobs, given the toll of superstorm sandy and concerns about the fiscal cliff. tax increases and spending cuts are set to trigger after january first unless the white house and congressional republicans strike a compromise. house speaker john boehner said friday the president's current approach could hamper future job growth. >> because the risk the president wants us to take, increasing tax rates, will hit many small businesses that produce 60 - 70 percent of the new jobs in our country >> democrats argue that without tax increases on the the revenue necessary to combine with the savings and with the spending cuts to reduce the deficit, to create jobs, to grow the economy, to improve the lives of the american people. >> about twelve million americans remain out of work. economists forecast dire consequences without a washington, i'm karin caifa. >>catherine: this is the 71st anniversary of the date that will live in infamy. december 7th 19-41 was when the japanese attacked pearl harbor. this was a moment of silence as 2-thousand people gathered in
economists expected about 77,000 new jobs, given the toll of superstorm sandy and concerns about the fiscal cliff. tax increases and spending cuts are set to trigger after january first unless the white house and congressional republicans strike a compromise. house speaker john boehner said friday the president's current approach could hamper future job growth. >> because the risk the president wants us to take, increasing tax rates, will hit many small businesses that produce 60 - 70...
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Dec 8, 2012
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monday marks six weeks since superstorm sandy slammed into the northeast. thousands of americans still suffering out there in the cold temperatures, and the tempers are flaring over fema's slow response and the lack of housing. >> it is the people in the area that have helped each other. forget red cross. forget all of these other agencies. it was the people that came from all over the united states to help the people. red cross don't deserve credit. they are here now because they are hereafter the fact. >> now good news on the horizon, one hopes, for victims needing shelter in new jersey. let's bring in new jersey congressman. thanks for being with us. as i understand it you got off the phone with the administrator yesterday evening. he finally promised by monday to provide some of the temporary housing. you know, the mobile homes and the trailers. but my goodness, everybody knew there were thousands of new jersey residents without a place to live six weeks ago. why would it take fema six weeks to do the obvious? >> they are denying there is still a great
monday marks six weeks since superstorm sandy slammed into the northeast. thousands of americans still suffering out there in the cold temperatures, and the tempers are flaring over fema's slow response and the lack of housing. >> it is the people in the area that have helped each other. forget red cross. forget all of these other agencies. it was the people that came from all over the united states to help the people. red cross don't deserve credit. they are here now because they are...
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Dec 8, 2012
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sandy recovery. that request falls short of total damage estimates. governors from new york, new jersey and connecticut alone say they will need closer to 82 billion to fix their states. >>> we don't know their names, but a couple from a phoenix suburb has presented the second winning ticket from last month's massive powerball drawing. the couple came forward now because they were concerned about, guess what, the looming fiscal cliff. they will take home 192 million bucks before taxes, and the plan is to use the money to start a foundation and support their favorite charities. >>> more people out of work, and another recession. you want to know what's at the bottom of that fiscal cliff, well, there you have it. many say that what's going to happen if something isn't done soon, but guess what? alice rivlin has a plan. she's a senior fellow at the brookings institution and served as director of the white house office of management and budget, the omb, under president clinton. alice, good morning. >> go
sandy recovery. that request falls short of total damage estimates. governors from new york, new jersey and connecticut alone say they will need closer to 82 billion to fix their states. >>> we don't know their names, but a couple from a phoenix suburb has presented the second winning ticket from last month's massive powerball drawing. the couple came forward now because they were concerned about, guess what, the looming fiscal cliff. they will take home 192 million bucks before taxes,...
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and superstorm sandy brought devastated and will cost tens of billions of dollars and now the president is asking congress for 60 billion to help with the cleanup. peter doocy is live in washington with the latest on the recovery efforts. >> reporter: good morning, clayton, you're right the white house wrote a letter, the speaker of the house, to request 64.4 billion dollars and the number recommends funds needed to finance a recovery effort and help the region prepare for future challenges, including future severe storms and flooding as well as impacts associated with a changing climate. just because the white house is requesting 60.4 billion dollars doesn't necessarily mean it will be easily approved by the house of representatives, because money is tight right now and as spokeman for speaker boehner says simply, we have the request and we will review it. four u.s. senators from new york and new jersey, chuck schumer robert menendez and kirsten gillibrand says the money might get caught up with people wanting it elsewhere. and it's a tough fight in congress given the fiscal cliff and
and superstorm sandy brought devastated and will cost tens of billions of dollars and now the president is asking congress for 60 billion to help with the cleanup. peter doocy is live in washington with the latest on the recovery efforts. >> reporter: good morning, clayton, you're right the white house wrote a letter, the speaker of the house, to request 64.4 billion dollars and the number recommends funds needed to finance a recovery effort and help the region prepare for future...